International Business News – According to the Kazakhstan News Agency, according to statistics from September this year, coal prices in Kazakhstan rose by 2.9% month-on-month and 10.8% year-on-year.
From January to August this year, coal production, including lignite and fine coal, was 76.5 million tons, up 6.5% from the same period last year. Of this amount, 70.6 million tons were hard coal, 3.1 million tons were lignite and 2.7 million tons were refined coal.
In January-July 2022, Kazakhstan’s domestic enterprises met 99.6% of coal demand (sales + exports) on the domestic market, up from 99.4% in the same period last year. Production in the same period increased by 5.8% to 66.4 million tons, while imports, on the contrary, fell by 18.3% to 285.8 thousand tons.
In January-July 2022, Kazakhstan’s coal exports grew by 16.3% to 20.9 million tons, while domestic sales increased by only 1.4% to 45.7 million tons.
As of September 2022, coal prices in Kazakhstan increased by 2.9% per month and by 10.8% per year.
The average retail price of coal in Kazakhstan’s cities rose from 13,700 tenge per ton to 15,000 tenge. The most expensive regions for coal were Taraz and Uralsk, at 19,500 and 19,300 tenge per ton, respectively. Coal prices were also higher in Zhezkazgan (16.4 thousand tenge), Almaty (16.2 thousand tenge) and Taldykorgan (16 thousand tenge).